Goal Formulation Flashcards
1
Q
Goals
A
Goals are objectives that are specific with respect to magnitude and time. Goals should be results (e.g. achieve) and not actions (e.g. implement).
2
Q
SMART Goals
A
- Specific
- Measurable
- Achievable/Ambitious
- Relevant/Realistic
- Time-bound
3
Q
Usual KPIs
A
- Profitability
- Market share
- Sales growth
- Risk containment
- Innovation
- Reputation
- …